City votes down Corpsâ€™ Bardwell proposal

Negotiations continue on Lake Bardwell funding problems tied to federal stimulus that would boost the city’s required contributions to unmanageable levels.
The Ennis City Commission, under the recommendation of City Manager Steve Howerton, rejected a proposal at their last meeting from the U.S. Army Corps of Engineers that included unexplained overall cost reductions and interest rates for proposed payment plans.

Howerton instead told the commission that he is pursuing a method to structure the increased debt in such a way the city could save funds in the long term. A 15-year projection at the current level of funding for maintenance and operation work brings total costs for Ennis to $7,243,950, and Howerton is working on a plan to drop that to $4,912,952.

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Posted by publisher
on Aug 24 2009. Filed under Editorials.
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